Lira Lifesaver Became $124 Billion Gamble That Haunts Turkey
As the lira was approaching a decade of continuous losses, Turkish policymakers hit on an idea that promised
2023-08-21 17:49
Turkey Starts Curbing FX Tool Imposed to Halt Lira Selloff
Turkey took a first step away from a tool designed to halt a selloff in the lira by
2023-08-20 17:53
Turkish Inflation Outlook at Its Worst in 21 Years on Weak Lira
Turkey’s inflation outlook is worsening due to a weak currency, with a key survey by the country’s central
2023-08-18 17:26
Can Sweden’s Visionary Wood City Outrun Its Real Estate Crisis?
This article is part of the Bloomberg Green series Timber Town, which looks at the global rise of
2023-08-15 17:19
Turkish Inflation Surges More Than Forecast to End Long Slowdown
Turkish inflation ended its eight-month deceleration in July, putting it on track for a surge that the central
2023-08-03 15:18
Turkey’s New Central Bank Governor to Confront Misgivings in Public Debut
Turkey’s newly-installed central bank Governor Hafize Gaye Erkan will step into the spotlight for the first time on
2023-07-27 12:20
Japan’s Mom-and-Pop Traders Boost Emerging-Market Currency Bets
Japanese retail investors — who dominate spot trading in Tokyo’s foreign-exchange market — have increased bets on volatile
2023-07-24 06:57
Turkey Recasts ‘Top Gun’ to Give Its TV Soft Power a Harder Edge
Long willing to do battle across the Middle East, Turkey now also wants to win hearts and minds
2023-07-23 11:17
Turkish Policy Anomaly Persists With Rate Mechanism Still Broken
Turkish savers still get far higher interest on deposits than lenders charge for commercial credit, an anomaly that’s
2023-07-18 21:59
Turkey Hikes Fuel Tax by 200% to Finance Earthquake Damages
Turkey boosted its fuel taxes by almost 200% on Sunday, a move that will magnify inflationary pressures and
2023-07-16 17:24
Erdogan Links Sweden’s NATO Entry to Turkey’s EU Bid
Turkish President Recep Tayyip Erdogan linked Sweden’s NATO membership bid to Ankara’s efforts to join the European Union,
2023-07-10 22:24
Turkish State Banks Resume Supporting Lira as Rout Deepens
Turkey’s state-run banks re-entered the foreign-currency market on Monday, selling as much as $1 billion by midday to
2023-07-03 20:47